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  1. Hindustan Copper shares jump 2% after FY27 capex, profit outlook; key details

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Hindustan Copper shares jump 2% after FY27 capex, profit outlook; key details

Anubhav Mukherjee

3 min read | Updated on April 21, 2026, 09:47 IST

SUMMARY

Hindustan Copper shares jumped 2% after the opening bell on April 21 after the firm announced its FY27 outlook updates on capex, PAT, and production on Monday.

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Hindustan Copper announced its FY27 outlook updates after the market operating hours on April 20. Image: Shutterstock

Hindustan Copper announced its FY27 outlook updates after the market operating hours on April 20. Image: Shutterstock

Miniratna PSU firm, Hindustan Copper shares jumped nearly 2% to ₹567 in the early hours on Tuesday, April 21, after the company released projections for capital expenditure (capex), profits, production plan, among others, for the financial year 2026-27, according to an exchange filing.

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After its annual plan meeting, Hindustan Copper’s board of directors announced that the company is looking at a comprehensive roadmap till the year 2030, in an effort to transition to the next phase of transformation and growth.

Hindustan Copper capex plans

In the NSE filing, Hindustan Copper said that the capital expenditure projections for the financial year ending 2026-27 are estimated to be at ₹1,421.73 crore, compared to ₹450.51 crore in the fiscal year ended 2025-26.

Hindustan Copper also plans to reach a total capex of ₹7,188.60 crore by the end of the financial year 2030.

“Company’s expansion into critical minerals and renewable energy portfolios will enhance revenue stability, diversify risk exposure, and align with emerging national priorities,” they informed the stock exchanges.

FY27 profit outlook

Hindustan Copper’s filing suggests that the board of directors estimate that the company will reach a net profit after tax (PAT) of ₹600 crore by the end of the financial year 2026-27, with a dividend of ₹180 crore.

The NSE filings also showed that the PAT for FY2026 is expected to close at ₹589 crore, with a dividend of ₹177 crore for the fiscal year.

The company also has plans to target a PAT of ₹1,568 crore by the financial year ending 2030, with the dividends at ₹470 crore for the same period, according to the projections. The projections are likely to fall short of market expectations, as per reports.

Production estimates

Hindustan Copper, the state-run copper producer, after considering the current operating capacity and proposed expansion plan, estimates that the production for the financial year ending 2026-27 is expected to be 4.71 million tonnes per annum (MTPA), with total milling capacity of 4.30 MTPA.

The exchange filing also disclosed that the company aims to reach 12.20 MTPA by the end of the financial year 2030, with a total milling capacity of another 12.20 MTPA.

For the year ended 2025-26, Hindustan Copper expects the total ore production to be at 4.21 MTPA, with a total milling capacity of 3.81 MTPA, according to the company data.

Hindustan Copper share price trend

Hindustan Copper shares closed 2.28% lower at ₹556.60 after Monday’s market session, compared to ₹569.60 at the previous stock market close, according to NSE data. The company announced its FY27 outlook updates after the market operating hours on April 20.

Shares of Hindustan Copper have delivered more than 296% returns on their investment in five years, and over 464% gains in the last three years. The PSU company’s stock has risen by over 152% in the last one-year period.

Hindustan Copper stock has given investors more than 6% returns so far in 2026, and has gained 13.6% in the past one month. The shares of the Miniratna PSU were trading 5.49% higher over the last five sessions on the Indian stock market.

Shares of Hindustan Copper surged to its 52-week high of ₹760.05 on January 29, 2026, while the 52-week low was at ₹198 on May 9, 2025, according to the exchange data. The company’s market capitalisation (M-Cap) was at ₹18,620 crore as of Monday’s market close.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.

About The Author

Anubhav Mukherjee
Anubhav Mukherjee is a business journalist with experience at leading financial news platforms. He writes on a wide range of topics, including equity markets, corporate developments, company earnings and commodities. He holds a Post-Graduate Diploma in Business & Financial Journalism by Bloomberg from the Asian College of Journalism.

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